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Aaveator 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 138 Stranger 3 Jan 24 2023 10:38

Aave safety module questions

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I got two revolving around the safety module:

  1. Has it ever been activated and if so, I assume there are txs on etherscan, an example would be awesome (to better understand the redemption of BPTs for Aave to then go into an AuctionModule contract).

  2. Did this proposal progress further - link?

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undefined 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 0 Stranger 0 Jan 24 2023 10:45

There is no auctionModule contract. Currently we have staking in which Aave or ABPT can be staked. More details 👉🏻 Aave v2 staking docs

In case of a shortfall event there will a Aave governance proposal for auction module and details on what/how funds from safety module are used to cover the market.